Gold Selling guide discussion

OldGables

This firm offers very good prices and free special delivery envelope. They ring you the next day with a price which you can either accept or they will return your gold free of charge.
The problem for us was that the weight was less than we were told by a local jeweller and the price was less than the one on their web site on the same day.
However, the price was still better than we could have obtained locally and probably still better than that from Hatton Garden Metals as we would have had to pay the postage charges, assuming that their quoted weight was correct.
I just feel that it is a bit of a con when the price on the website on the day they give you a quote is not the same as the one they are using. Other gold sellers may be the same.
Have other people had the same experience?

Gristley

After having a clear out of various drawers around the house I collected around 340g of 925 silver (mainly broken chains or hideous items) and 11g of 375 gold (9ct).

I was amazed at the number of sites offering to buy my scrap precious metals but opted to use 'Gold Refiners' as they appeared to have great feedback, offered 'the highest prices' and covered the secured postage.

Once my package was received by 'Gold Refiners' they quickly offered me just over £123, which was clearly an awful price. After requesting the return of my scrap things did go a little quiet for a while although I did get a further offer of £200 (despite already pulling out of the sale).

Clearly to bump up an offer by almost £70 shows that this firm are in the business of making as much profit as possible and not living up to their reputation of offering the best deals. Even the £200 was more than £60 shy of what I was eventually offered from Hatton Garden Metals. Yes, I had to pay for the secure postage myself and I am aware that is still a profit margin to be made but you can so easily get really ripped off unless you're careful and keep an eye on the actual market prices and see how far the short the offer is from these.

smaxed

I'm new, but after reading this thread I would like to add that after shopping about I got £12.38 a gram from The Birmingham Gold Company. last week and just over £30 a gram for my 22carat gold

No problems, no issues, just great service and a great price BUT a word of warning. Before going to Birmingham Gold I had noted online that some offers from companies with dubious sounding names seemed way above the actual gold "fix price. They'd be losing a fortune, so there must be a fiddle somewhere

My advice is, as a previous poster noted, look at Birmingham Gold Company, Lois and Hatton Garden Metals....Any prices above them disregard, as something that looks too good to be true.....ususally is

If you are unsure what the gold fix is then there is a page on the Birmingham Gold's website called "Gold Price validity Checker" I suggest one reads it

Max

KirstenKerr

Hello,

I have a bit of a problem and need some advice!!

I sent off some Silver to The Gold Bullion Trader in a postage paid envelope. I received an e-mail on the 7th August 2012 stating it would take longer than the 48 hours quoted to get a valuation for me. They asked me to reply if i wanted my items back now or wait for a valuation.

I replied to say i was happy to wait.

Well i still haven't had anything. I have rang and rang and no reply, no response to voice mails and no reply to e-mails. They have a facebook page so i went on today and threatened the poilce but still nothing.

Have i been scammed?? What do i do now?? Police? FSA? OFT??

Any help, news or advice appreciated!

John_Pierpoint

Your posting is already on page two of Google - so it is not looking good.

There are some sites such as the way back machine that archive web sites and so give you an idea how well established they are (and what they said when you entered into a contract with them) .

http://www.thegoldbulliontrader.co.uk/
gives :-

Hrm.

Wayback Machine doesn't have that page archived.


while another well know site gives


http://web.archive.org/web/20110529152526/http://www.hattongardenmetals.com/

It might be worth a brief informative chat with the Serious Fraud Office aka City of London police.
As there was an argument that silver was the new gold, that has not come to fruition (so far?); perhaps the organisation with whom you established a contract has simply speculated and gone bust holding your silver, which by now might be out side the limits for your "cooling off" period.

Look at the 34 year graph - just bad luck?

http://silverprice.org/silver-price-history.html

Update:


The Wayback Machine hasn't archived a capture for that URL. Here's a capture taken 0 minutes ago from the live web that will become part of the permanent archive in the next few months.

http://www.thegoldbulliontrader.co.uk/Bullion-for-Sale

It is strange to see this Canary Wharf operation has its administration in Rochdale but it is nice to see it is endorsed by:
http://www.gold.org
http://www.fsa.gov.uk
http://www.oft.gov.uk
http://www.fairtrade.org.uk
http://www.lbma.org.uk
http://www.hksi.org/hksi
http://www.olympics.org.uk
http://www.sec.gov
http://www.barnardos.org.uk/
http://www.finma.ch

Where is the primary server?
Ip Address: 209.235.144.9
Hosting Service: "InternetNamesForBusiness.com"
Hosting City: Brooklyn
Hosting Region: NY
It is also reassuring to find this sort of information. There is nothing quite like a well known trade name:
Register.com Inc t/a British Telecom

{"WhoisRecord": {
"domainName": "thegoldbulliontrader.co.uk",
"audit": {
"createdDate": "2012-08-31 07:19:39.385 PDT",
"updatedDate": "2012-08-31 07:19:39.385 PDT"
},
"registrarName": "Register.com Inc t/a British Telecom [Tag = BTNAMES]\u000a",
"registryData": {
"createdDate": "03-Apr-2012",
"updatedDate": "03-Apr-2012",
"expiresDate": "03-Apr-2014",
"registrant": {
"city": "london",
"state": "london",
"postalCode": "E14 5LQ",
"country": "United Kingdom",
"rawText": "ben partner\u000a\u000aUK Individual\u000a\u000acanada square\u000alondon\u000alondon\u000aE14 5LQ\u000aUnited Kingdom\u000a",
"unparsable": "ben partner\u000aUK Individual\u000acanada square"
},
"administrativeContact": {},
"billingContact": {},
"technicalContact": {},
"zoneContact": {},
"domainName": "thegoldbulliontrader.co.uk",
"nameServers": {
"rawText": "dns1.register.com\u000adns2.register.com\u000a",
"hostNames": [
"dns1.register.com",
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"ips": [
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"rawText": "Domain name:\u000d\u000a thegoldbulliontrader.co.uk\u000d\u000a\u000d\u000a Registrant:\u000d\u000a ben partner\u000d\u000a\u000d\u000a Registrant type:\u000d\u000a UK Individual\u000d\u000a\u000d\u000a Registrant's address:\u000d\u000a canada square\u000d\u000a london\u000d\u000a london\u000d\u000a E14 5LQ\u000d\u000a United Kingdom\u000d\u000a\u000d\u000a Registrar:\u000d\u000a Register.com Inc t/a British Telecom [Tag = BTNAMES]\u000d\u000a URL: http://www.btconnect.com\u000d\u000a\u000d\u000a Relevant dates:\u000d\u000a Registered on: 03-Apr-2012\u000d\u000a Expiry date: 03-Apr-2014\u000d\u000a Last updated: 03-Apr-2012\u000d\u000a\u000d\u000a Registration status:\u000d\u000a Registered until expiry date.\u000d\u000a\u000d\u000a Name servers:\u000d\u000a dns1.register.com\u000d\u000a dns2.register.com\u000d\u000a\u000d\u000a WHOIS lookup made at 15:19:35 31-Aug-2012\u000d\u000a\u000d\u000a-- \u000d\u000aThis WHOIS information is provided for free by Nominet UK the central registry\u000d\u000afor .uk domain names. This information and the .uk WHOIS are:\u000d\u000a\u000d\u000a Copyright Nominet UK 1996 - 2012.\u000d\u000a\u000d\u000aYou may not access the .uk WHOIS or use any data from it except as permitted\u000d\u000aby the terms of use available in full at http://www.nominet.org.uk/whois, which\u000d\u000aincludes restrictions on: (A) use of the data for advertising, or its\u000d\u000arepackaging, recompilation, redistribution or reuse (B) obscuring, removing\u000d\u000aor hiding any or all of this notice and (C) exceeding query rate or volume\u000d\u000alimits. The data is provided on an 'as-is' basis and may lag behind the\u000d\u000aregister. Access may be withdrawn or restricted at any time.",
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"footer": "WHOIS lookup made at 15:19:35 31-Aug-2012\u000a\u000a--\u000aThis WHOIS information is provided for free by Nominet UK the central registry\u000afor .uk domain names. This information and the .uk WHOIS are:\u000a\u000aCopyright Nominet UK 1996 - 2012.\u000a\u000aYou may not access the .uk WHOIS or use any data from it except as permitted\u000aby the terms of use available in full at http://www.nominet.org.uk/whois, which\u000aincludes restrictions on: (A) use of the data for advertising, or its\u000arepackaging, recompilation, redistribution or reuse (B) obscuring, removing\u000aor hiding any or all of this notice and (C) exceeding query rate or volume\u000alimits. The data is provided on an 'as-is' basis and may lag behind the\u000aregister. Access may be withdrawn or restricted at any time.\u000a",
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http://www.youtube.com/watch?v=Jbyb56uFzrk

It sounds a lot like this noble organisation:
https://forums.moneysavingexpert.com/discussion/1836087
Let us all know how you get on

John_Pierpoint

surlatum wrote: »

I had a few of these sovereigns lying around from decades ago in my family, should I get these valued?

In the middle of the 19th century 8 million a year were being minted.
Some years and quality carry a collectors' premium over their gold weight - do research on the web.

littlesheepy

I've got some broken necklaces, odd earrings etc. lying around and wondered if there was an easy way to tell if they're gold/silver or just cheap metal? To be able to send them off to HGM for example, would i first have to trawl around jewellers to get more info on them or can i just send them off? Any advice most appreciated, thanks

Midnight_Tboy

littlesheepy wrote: »

I've got some broken necklaces, odd earrings etc. lying around and wondered if there was an easy way to tell if they're gold/silver or just cheap metal? To be able to send them off to HGM for example, would i first have to trawl around jewellers to get more info on them or can i just send them off? Any advice most appreciated, thanks

I'd also like to know best way to find this out.

My partner has a box full of old bits and bobs when she was a child........some are no doubt cheap metal, even cheapo costume jewellery....but I'm pretty sure theres some gold and while gold pieces in there..........but we are clueless as to what is of any worth and what isn't.....and would be embarassing to walk into a place and have them tell us its all made out of plastic and tin lol

littlesheepy

Midnight_Tboy wrote: »

I'd also like to know best way to find this out.

My partner has a box full of old bits and bobs when she was a child........some are no doubt cheap metal, even cheapo costume jewellery....but I'm pretty sure theres some gold and while gold pieces in there..........but we are clueless as to what is of any worth and what isn't.....and would be embarassing to walk into a place and have them tell us its all made out of plastic and tin lol

lol That was what i thought, but i took them into the local jewellers who were very helpful, no pressure to sell with them at all, wrote down weights for me, separated them into bags by type for me.
Apparently, if it's a gold or silver necklace and they have a little 'tag' that joins to the clasp bit, if they have any kind of marking, it's usually there. I wondered on on earth they knew where to begin looking hehe
Just sorting mine now to try with HGM

gold_buyer

I think this is a bit far fetched to suggest that xrf analysers are worse than acid, are you really saying that acid can't be strengthened or weakened to alter the result?

In my opinion there is a fair degree of nonsense being talked about what we should all be careful of. However, there are some companies out there, who you should be at least aware about. It looks as though there is a new entrant british-gold.com who seem to be quoting the gold price at a level in excess of 5% above the value of the gold. When you call them they try and fob you off with comments about it's all explained in the pack. I doubt it, beware.